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Regent Business School

Risk Management

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Description

Effective risk management involves, amongst others, identifying business risks and risk factors, understanding the risk management framework, risk controls and financial implications associated with risk management. This programme provides delegates with the skills and knowledge required to effectively manage risks using appropriate risk management approaches and frameworks. The curriculum covers in-depth, the essential elements of managing risks and compiling risk mitigation initiatives to minimise the probability of risks.

Programme Outcomes:

On completion of the programme, learners will be able to:

  • Understand the fundamental principles of risk management
  • Effectively identify business risks and risk factors
  • Implement risk controls and mitigation techniques
  • Understand financial implications associated with risks
  • Develop a risk response plan

Topics Covered:

  • Identify and understand the business and business processes
  • Identify types of risks and risk factors; Probability and consequence
  • Risk management framework/ models and processes
  • Risk financing: Insurance; Reinsurance; Legal liability; Forecasting losses
  • Risk control: OHS, Fire, Natural disasters, Motor vehicles, Money and assets
  • Monitoring and Control; Risk response plans

Who should attend

  • Executives involved with strategic and operational decision making
  • Senior Managers and Managers
  • Chief Operation Officers
  • Heads of Department
  • Supervisors and Line Managers

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